Yeah 0.01 on Cryptopia. Note that we haven't even been added to either Bittrex or Polo yet. Wait for the Chinese on btc38.com. I am reaffirming my promise of selling at 0.1

Quote

7200 coins are being produced daily

How does that even work? I thought Zcoin is PoW with an overly high difficulty? How can a fixed amount of coins be produced by that? Please someone call me a noob and explain like I'm 15.

https://xzc.suprnova.cc/index.php?page=statistics&action=blocks here is the link to see the blocks.only in supernova pool during the last 24 h were found 140 blocks x 50 coins/block=7000 coins from which 1400 coins go streightly to the dev, and supernova doesn' t find all the blocks, the are other pools who find it.Finaly there are 7200 coins daily.

Ongoing mine. Corporate subsidy. Ver tax. Whatever you want to call it it's high af, and don't understand how devs think they can make something that will be actually used as a currency when they are siphoning off 20% of the entire money supply.

Ongoing mine. Corporate subsidy. Ver tax. Whatever you want to call it it's high af, and don't understand how devs think they can make something that will be actually used as a currency when they are siphoning off 20% of the entire money supply.

It's only 10% of the supply. Dev subsidy disappears on halving. And it's split 5 ways... In to 5 addresses. 2 for each dev (you do realize this is their full time job...), 2 for each of the three investors, one of which is Ver.

You guys make me sick. Go do some shit to make me money off your hard work and get paid nothing while I sit here and collect. Unbelievable.

It's only 10% of the supply. Dev subsidy disappears on halving. And it's split 5 ways... In to 5 addresses. 2 for each dev (you do realize this is their full time job...), 2 for each of the three investors, one of which is Ver.

Just to add further to this, much of it is also reserved for bounties, and note, if the devs stop working on the coin then the coin will die, people will stop mining it and stop trading it and they lose the value of their subsidy. So it's an incentive to keep working for years versus a premine where they get the loot all up front. Think of it more like a paid salary.